• About
  • Coincu
  • Hot topics
  • Random
Monday, January 30, 2023
CoinCu News
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
  • Video
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Home
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
  • Video
  • Live Prices
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
No Result
View All Result
CoinCu News
No Result
View All Result
Home Market

After the first Bitcoin ETF, Ethereum ETF could be the next

October 21, 2021
in Market
379
90
SHARES
3k
VIEWS
Share on Facebook

Polygon (MATIC) Is Likely Gain 60% As AVAX And VRA Bulls Should Wait For A Dip

Altcoins Seems To Complete Their Five-wave Rallies, Issues Alert To Traders

With the opening of the first Bitcoin futures ETF in the US this week, there was much speculation about the launch of an Ethereum ETF.

After the first Bitcoin ETF Ethereum ETF could be the
Could an Ethereum ETF be next?

 

the Red oneSpeculation on Ethereum ETF

According to analysts, ETH should be the next digital asset to support an exchange traded fund (ETF). After all, the asset that trades on the regulated futures market like Bitcoin is the Chicago Mercantile Exchange (CME), which Gary Gensler, chairman of the U.S. Securities and Exchange Commission, previously suggested that it be required for any crypto-related ETF authorized.

Additionally, we also know that two major ETF providers, ProShares and VanEck, previously filed proposals for Ethereum-backed ETFs with the SEC, although both companies were subsequently asked by the regulator to withdraw their application. However, other ETH-based ETF proposals are still pending from the SEC, including that of Kryptoin Investment Advisors.

As with Bitcoin, the Ethereum ETF is also listed in Canada and is provided by CI Global Asset Management. In addition, several other exchange-traded investment vehicles that replicate the ETH price are listed in several European countries.

“Will now start the campaign for the SEC to approve the Ethereum ETF. Might as well be ahead of the crowd, because it’s finally coming. “said famous crypto trader Scott Melker, aka The Wolf Of All Streets, earlier this month.

Bitcoin ETF becomes Grayscale Bitcoin Trust rival amid potential Ethereum ETF rumors

And while speculation about a potential Ethereum ETF continues, the new Bitcoin ETF has become a serious contender for the Grayscale Bitcoin Trust (GBTC), which until this week was the primary managed Bitcoin investment vehicle in the US.

According to data from cryptanalysis firm Glassnode, the trust is currently trading at around a 20% discount on the market value of the bitcoins it holds, suggesting traders are turning away from the once popular investment vehicle.

Yesterday, Bloomberg’s chief commodities strategist also pointed out big discounts and bitcoin bull Mike McGlone, although he believes trusts are still a more attractive option for “types of money.”

However, as mentioned several times by Barry Silbert, founder and CEO of Digital Currency Group, Grayscale’s parent company, the trust has filed with the SEC to convert its shares into an ETF. That message was also repeated by Silbert on Twitter on Tuesday, where he emphasized that it is a spot-based rather than a future-oriented ETF that the company is aiming for.

Join our Facebook group and Telegram group Coincu News to chat with more than 10,000 other people and share information about the crypto currency market.

Important NOTE: All content on the website is for informational purposes only and does not constitute investment advice. Your money, the choice is yours.

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

Ethereum The Merge: Origins, Contexts, and Misunderstandings of The Merge 2022

SEC Chairman Gary Gensler Cited Enforcement Actions Against Crypto Firms

SEC Risks Associated With Crypto Investments By Gary Gensler

ETH Staking: All You Should Know Before It Breaking

SEC Chair Gary Gensler Backs CFTC On Cryptocurrency Supervision

Review XT.com - Reputable Cryptocurrency Exchange You Should Try

Tags: #BitcoinETFEthereum
Previous Post

Cboe acquired Erisx to enter the cryptocurrency spot and derivatives markets.

Next Post

3 reasons why Bitcoin’s new ATH is much more optimistic than it was in April

Other Posts

Digital Yuan Is Available In 17 Provinces And Actively Promoted By The Central Bank Of China
Market

Digital Yuan Is Available In 17 Provinces And Actively Promoted By The Central Bank Of China

January 30, 2023
Bitcoin Hashrate Hits 271.34 EH/s All-Time High As Bitcoin Crosses $21,000
Bitcoin

Bitcoin HashRate Rises To 271.34 EH/s All Time High As Bitcoin Crosses $21,000

January 16, 2023
Sequoia Capital Had Cut Investments For 2 New Funds In The Crisis
Market

Sequoia Capital Had Cut Investments For 2 New Funds In The Crisis

January 14, 2023
South Korea Has Ordered Strict Sanctions For 5 Serious Crimes Related To Virtual Assets
Market

South Korea Has Ordered Strict Sanctions For 5 Serious Crimes Related To Virtual Assets

January 13, 2023
5 Big Exchanges Of DAXA Developed Common Standards For Delisting
Market

5 Big Exchanges Of DAXA Developed Common Standards For Delisting

January 12, 2023
El Salvador Approved Digital Asset Issuance Law, New Step For Bitcoin Bonds
Market

El Salvador Approved Digital Asset Issuance Law, New Step For Bitcoin Bonds

January 12, 2023
Next Post
3 reasons why Bitcoin’s new ATH is much more optimistic than it was in April

3 reasons why Bitcoin's new ATH is much more optimistic than it was in April

Leave Comment

Contents

  •  
  • the Red oneSpeculation on Ethereum ETF
  • Bitcoin ETF becomes Grayscale Bitcoin Trust rival amid potential Ethereum ETF rumors
  • Bitcoin Posibbly Surge To $180,000, Says Analyst Who Nailed Bitcoin 2021 Collapse

    Bitcoin Posibbly Surge To $180,000, Says Analyst Who Nailed Bitcoin 2021 Collapse

    143 shares
    Share 57 Tweet 36
  • Bitcoin Wallet Cracking Competition Is Unmatched

    145 shares
    Share 58 Tweet 36
  • Polygon (MATIC) Ends January Gain 50% As Trader Now Turns $84K Into $4 Million

    110 shares
    Share 44 Tweet 28
  • Hypernative Raises $9 Million Seed Investment For Crypto Security

    101 shares
    Share 40 Tweet 25
  • Polygon (MATIC) Ancient Whale Drops His Holdings

    104 shares
    Share 42 Tweet 26
Floki Ends January Gain 200% While It Now Votes To Burn Nearly 5 Trillion Tokens

Floki Ends January Gain 200% While It Now Votes To Burn Nearly 5 Trillion Tokens

January 30, 2023
Decentralized Science: A Reliable Solution Of Future Science With Web3

Decentralized Science: A Reliable Solution Of Future Science With Web3

January 30, 2023
Polygon (MATIC) Is Likely Gain 60% As AVAX And VRA Bulls Should Wait For A Dip

Polygon (MATIC) Is Likely Gain 60% As AVAX And VRA Bulls Should Wait For A Dip

January 30, 2023
Altcoins Seems To Complete Their Five-wave Rallies, Issues Alert To Traders

Altcoins Seems To Complete Their Five-wave Rallies, Issues Alert To Traders

January 30, 2023
Balaji Srinivasan: The Genius Investor With The Most Shots In The Encryption Field

Balaji Srinivasan: The Genius Investor With The Most Shots In The Encryption Field

January 30, 2023
Fantom Blockchain To Release Version 2 of fUSD Stablecoin

Fantom Blockchain To Release Version 2 of fUSD Stablecoin

January 30, 2023
Cardano Millionaires Profited From The Most Recent ADA Price Increase

Cardano Millionaires Profited From The Most Recent ADA Price Increase

January 30, 2023
Tornado Cash: A Better Understanding Of The Platform's Important Things

Tornado Cash: A Better Understanding Of The Platform’s Important Things

January 30, 2023
Whales Have Been Gathering This Coin?

Whales Have Been Gathering This Coin?

January 30, 2023
Pfizer Ventures Invests $4.1 Million In VitaDAO Decentralized Scientific Business

Pfizer Ventures Invests $4.1 Million In VitaDAO Decentralized Scientific Business

January 30, 2023
  • Live Prices
  • Binance
  • NFT
  • Solana
  • Metaverse
  • Polygon
  • Coinbase
  • Trending
  • LuxWorld
  • CryptoLinks

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

No Result
View All Result
  • Coincu
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • Metaverse News
    • NFTs News
  • Market
    • Analysis
  • Knowledge
    • Crypto 101
    • DeFi
  • Reviews
    • Exchange Reviews
    • DeFi Reviews
    • GameFi Reviews
    • Others Reviews
  • Recommended
    • Best Presale Cryptocurrencies
    • Best Bitcoin Casinos
    • Best Bitcoin Gambling Sites
  • PR
    • Press Releases
    • Sponsored Articles
    • Advertise
  • Video
  • Live Prices

© 2021 COINCU Financial Group Inc. Address: Road Town, Tortola, British Virgin Islands. Email us: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In